Time: 15 to 20 minutes · You'll need: a calculator (or a spreadsheet) · Builds on: Lesson 8
Warm-up
Check yourself
A friend's whole fixed sleeve matures on 1 March, the day their rent deposit for a new flat is due, and the deposit uses all of it. Which version of the bullet is this?
Check yourself
$8,000 matures on one date and none of it is needed that week. Rates are 1.5 points lower than before. What is the yearly income at risk?